AUD/CAD ShortInto higher timeframe resistance.
Take profit is moving average so will move higher over time.
If stopped, it could set up again depending on price action.
AUDCAD trade ideas
AUDCAD Bullish Setup: 0.618 Fib Buy ZoneAUDCAD is trending bullish on the 1-hour timeframe, moving steadily within an ascending channel. No significant bearish divergence is observed, indicating potential for further upward momentum. A buy opportunity may emerge at the 0.618 Fibonacci retracement level.
AUDCAD - Bearish Channel FX:AUDCAD is currently trading at the top of a bearish channel at 0.786 from the last lower high. I am expecting bearish trend to continue and for price to respect the bearish channel!
AUD/CADPredicting that a bearish is happening. Currently, AUDUSD is reversing. It have hit the previous turnaround points.
Potential bearish drop?AUD/CAD has reacted off the pivot and could drop to the 1st support which is a pullback support.
Pivot: 0.90122
1st Support: 0.8940
1st Resistance: 0.90764
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Bearish drop?AUD/CAD has reacted off the pivot and could drop to the 50% Fibonacci support.
Pivot: 0.90122
1st Support: 0.89401
1st Resistance: 0.90764
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
AUDCAD - Look for a long !!Hello traders!
‼️ This is my perspective on AUDCAD.
Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I look for a long. My point of interest is imbalance filled + rejection from bullish OB.
Fundamental news: Upcoming week on Wednesday (GMT+2) we will see results of CPI on AUD and Interest Rate on CAD. News with high impact on currencies.
Like, comment and subscribe to be in touch with my content!
AUDCAD Will Fall!
HI,Traders !
AUD-CAD made a retest
Of the horizontal resistance
Level of 0.90051 and we are
Already seeing a local
Bearish reaction so
We will be expecting a
Further move down!
Comment and subscribe to help us grow!
AUD/CAD Analysis new update chart.The AUD/CAD pair has been in a downtrend for over 3 months. Prior to a trend reversal, we consistently took selling positions. However, if the pair breaks above the trend line, we should consider taking buying positions.
NEWS
The Australian dollar is poised for growth, particularly against the Canadian dollar (AUD/CAD) and Chinese yuan (AUD/CNY). Analysts cite improving domestic conditions, robust labor markets, and Australia's strategic role in supplying high-grade commodities to China as key drivers.
Target Trade
0.88900
0.88300
Key facts
1: down trend.
2: higher low & lower low position.
3: River pattern strategy.
It's my take. What you think about AUD/CAD pair, write in comment section below. Thanks
AudCad should follow the trend.Looking for Impulse Down.
AudCad now at Daily FVG area. I am expecting it will follow down trend to take lower liquidity. Make sure you have your own rules on RR and follow them. This is just a trading idea to help you gain better knowledge. If you have any question ask me in comments.
Learn & Earn!
Wave Trader Pro
Sell AUDCADNow would be a great time to short AUDCAD. Price beginning to fall. I anticipate a strong bearish move towards 0.892. Buckle up, this is going to be a long ride. Stop losses above 0.8933
AUDCAD Long Term Selling Trading IdeaHello Traders
In This Chart AUDCAD HOURLY Forex Forecast By FOREX PLANET
today AUDCAD analysis 👆
🟢This Chart includes_ (AUDCAD market update)
🟢What is The Next Opportunity onAUDCAD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
ICT/SMC Analysis AUDCAD Going BearishICT/SMC Analysis AUDCAD Going Bearish Failed to Close Above POI and Strong Swing..confirm entries on lowertimeframes
AUD/CADInto Daily higher timeframe resistance.
Entry on 1 hour and take profit is 1 hour 100ma, so will move up over time.
AUDCAD is risingAUDCAD was in downtrend know price is making higher high and higher lows which indicates bullish momentum, currently price has taken a correction on one hour time frame and showing bullish momentum good oportinuity for buying at current levels
AUDCAD BAT PATTERNHarmonic Pattern Trading Strategy:
1. Combine patterns with 2-3 confirmations (e.g., MA, BB, RSI, Stoch) for increased accuracy.
2. Implement proper risk management.
3. Limit exposure to 3% of capital per trade.
4. Exercise caution: Not every Harmonic Pattern presents a good trading opportunity.
5. Conduct thorough diligence and analysis before trading.
Disciplined approach = Enhanced edge.
AUDCAD BUY short term1 Month immediate PA is bullish
1 Week swing bullish, Price at weekly OB
Expect continuation or strong price movement from there
Daily swing is bullish; price is at daily OB
Expectation - continuation or strong buy momentum
Daily internal is bearish though
Price is at daily internal supply zone
4 Hour swing is bearish
Internal is bullish
We can anticipate m15 mss to suggest 4 Hr continuation
But M15 immediate PA is bullish till otherwise
Looking to scalp the M15 price action
AUDCAD WEEKLY CANAL to TARGET 0,8850AUDCAD continue to down in exact downside canal to Target 0,8850
After touch this price - will strong Impulse to BUYers UP .... and Canal will disrupt and price will go UP.
AUDCAD The Target Is DOWN! SELL!
My dear followers,
This is my opinion on the AUDCAD next move:
The asset is approaching an important pivot point 0.8957
Bias - Bearish
Safe Stop Loss - 0.8980
Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market.
Goal - 0.8922
About Used Indicators:
For more efficient signals, super-trend is used in combination with other indicators like Pivot Points.
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WISH YOU ALL LUCK
AUDCAD Potential DownsidesHey Traders, in today's trading session we are monitoring AUDCAD for a selling opportunity around 0.89600 zone, AUDCAD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.89600 support and resistance area.
Trade safe, Joe.
